APIC 2014: The changing face of the petrochemical industry

11:39 AM MDT | May 22, 2014 | Natasha Alperowicz in Pattaya

The first day of this year’s Asia Petrochemical Industry Conference (APIC), currently under way at Pattaya, Thailand, was devoted to market studies, forecasts of the global petrochemical industry, and shifting trends in the industry. “Changes in the relative availability and prices of feedstocks are driving transformation in the world petrochemical industry,” says Roger Lee, managing director of Tecnon OrbiChem. The new global feedstock slate is causing supply and price adjustments, many permanent, for the coproducts of naphtha cracking...